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Category: Life Insurance

31May

Life Insurance Options

Posted by markelderlawon May 31, 2021July 6, 2021in Life Insurance
granddaughter hugging grandmother smiling

Medicaid considers the cash surrender value of most life insurance policies to be a resource that is subject to the Medicaid spend-down process.  A person is not allowed to own more than $2,000.00 of resources in order to qualify for…

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10May

Life Insurance and Medicaid

Posted by markelderlawon May 10, 2021July 6, 2021in Life Insurance
grandfather holding grandson smiling

Medicaid considers some life insurance policies to be an asset subject to the spend-down process.  According to the New Jersey Medicaid regulations, the first step in analyzing life insurance policies is to determine the face value of all of the…

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Recent News

  • Medicaid Changes How the Spousal Support Is Calculated
  • Custodial Accounts for Minors Should Be Exempt from Medicaid
  • New Jersey Changes Shelter Standard in Determining Spousal Support
  • New Jersey Changes Medicaid Law Concerning Spousal Support
  • Social Security Will Increase by Almost 9% in 2023
  • Medicare Premiums Will Decrease in 2023

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Law Office of Donald B. Mark
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Stratford, NJ 08084
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